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Modi's influence on IPL comparable to Packer's on World Series Cricket | Neil Maxwell, an Australian player-manager and former chief executive of the IPL franchise Kings XI Punjab, says the credit for the Indian Premier League's success must
go to Lalit Modi, its chairman and driving force. He believes Modi's influence
can be compared to Kerry Packer's hold on the breakaway World Series Cricket
experiment,
which revolutionized the game in the late 1970s. But, unlike Packer, Modi is not
running a rebel competition. The IPL is an initiative of the Board of Control
for Cricket in India, of which Modi is the vice-chairman. As a result, the financial
might and the monopoly power of India's cricket establishment has been behind
the IPL. ''Lalit Modi had a vision that he has dragged a lot of people along on
with him,'' Maxwell tells the Sydney Morning Herald. ''Lalit has amazing confidence
and vision and he's looking to take on the sporting world. With a supporter base
as passionate and as big as India's he's got an amazing platform on which to do
that.'' Modi, the scion of a leading Indian business family, says his ambition
is to make the IPL the world's No. 1 sporting league. Modi says this year's robust
TV ratings are a ''testimony to the fact that the IPL is only set to grow bigger
and better from here.'' The sale of two new team franchises on Sunday entrenched
the IPL's reputation as a money spinner. The buyers shelled out a combined total
of 703 million dollars for teams in the cities of Pune and Kochi that will join
the competition next year. The huge prices are explained by India's mania for
its home-grown Twenty20 tournament. The buzz of choppers over Mumbai when
IPL
games are played there is a testament to its pulling power. In the hours before
the season's first game the city's airspace was jammed as helicopters ferried
more than 150 moguls and movie stars from the clogged streets of southern Mumbai
to the packed venue on city's outskirts. Mumbai's helicopter charter services
can look forward to extra demand until the end of the competition late next month.
In the capital, New Delhi, cafes have installed big TVs so customers can keep
track of IPL matches. Some of the city's most popular restaurants are staging
special IPL theme events with names like Century Menu and Hat Trick at 666. For
three years running, the IPL has altered India's television viewing patterns.
General entertainment shows that normally top the ratings, like soap operas and
reality programs, have been shunned for the nightly IPL matches. Each night since
the season started the IPL has been India's most watched program, often attracting
50 per cent more viewers than the top-rating programs at other times of the year.
So far this year the IPL has attracted more viewers than ever. The first three
matches of this season was watched by 37.1 million people, 41 per cent higher
than the number of viewers in the inaugural season, according to the ratings firm
TAM Media Research. More than 5 million tuned into the March 12 season opener
on YouTube, which has an exclusive agreement with the league. The tournament's
own website had more than 15 million hits that night. The IPL's estimated value
has more than doubled in the past year, to 4.13 billion dollars from 2.01 billion
dollars, according to the research firm Brand Finance. That ranks the IPL among
the world's 200 most valuable brands. The IPL's popularity has made it a magnet
for sponsors and advertisers. The number of brands associated with the league
has jumped from 40 in the first year to 100. Set Max, the IPL broadcaster owned
by Sony, had reportedly sold 80 per cent of its advertising inventory before this
season had started. The IPL is constantly on the front pages of India's newspapers,
some of which have increased space on their sports pages to coverage of the league. |
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